If a Company Is a Multinational Company with Operations in Several

question 49

Multiple Choice

If a company is a multinational company with operations in several different countries,one way to achieve comparability of historical-cost based ROIs for facilities in different countries is to:

• A)use GAAP for all reporting and calculations.
• B)restate the results of all operations in the currency of the home country.
• C)restate the results of operations using the cash basis method of accounting.
• D)All of these answers are correct.

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Definitions:

Self-Disclosure

The act of sharing intimately personal information about oneself with others.

Hidden Area

In the context of the Johari Window, it refers to information about oneself that is known to others but unknown to oneself.

One-Way Communication

A form of communication where information flows from the sender to the receiver without any feedback or interaction from the latter.

Leveling

Leveling refers to the process of making things equal or equivalent, especially in the context of communication, it can mean ensuring all parties have the same information.